General Journal PRACTICE QUESTION 1 - This question has 1 part (20 marks) Andrew runs a business wholesaling toys for kids under the name of "DA One". The selling prices and unit costs (if applicable) are shown below. Products Price List ($) Unit Cost ($) Ranger @ $120.00 + GST $60.50 (GST Inclusive) Technic @ $220.00 + GST $110.00 (GST Inclusive) The following transactions occurred during five (5) working days in November 20x0 (Monday, 26 November - Friday, 30 November 20x0). 26 Nov The business wholesaled 300 x Ranger model to one of its biggest clients, Toys R Uz. Invoice was sent immediately upon delivery. Payment from Toys R Uz was received on the 25th of January 20x1. 27 Nov The business bought 450 x Ranger from its supplier on credit, net 7. Items were received on the day. 28 Nov The business returned 30 x Ranger back to the supplier as the manager overpurchased. Refer to the transaction on 27 November. 29 Nov Toys R Uz (the business' client) returned five (5) x faulty Ranger that were purchased earlier in the week. Please refer to the transaction on 26 November. 30 Nov The business paid their supplier for the Rangers that they received earlier in the week. 30 Nov The owner accidentally used the business debit card to purchase a present for his family, totalling $550 (GST Inclusive). Required: Record the transactions (totaling 6 transactions) provided in the general journal. Please use the account(s) listed on the Chart of Accounts on the following page